3 ms·

> Nvidia shares have gained 250% over the past year Yes and to me this is a big warning, If I was an investor and had this stock, I will sell it all as soon as

by jmclnx 2y ago

> Nvidia shares have gained 250% over the past year Yes and to me this is a big warning, If I was an investor and had this stock, I will sell it all as soon as I could. I think tomorrow (or today?) it is splitting. Time to take the profit and invest elsewhere. When the AI frenzy crashes, and I thinking the day is coming, maybe a year or 2, but the crash will make the dot-com crash look like a fender-bender.

Jlagreen 2y ago
If I had sold my share when they gained 250% then I would have been out of Nvidia years ago. My initial shares on Nvidia have gained >10000%, on average I'm at >5000%. The time to get out of Nvidia is when you the value of their business model goes down. Fortunately, many don't even understand the business value behind Nvidia's activites as they think Nvidia = AI chips only.
caeril 2y ago
One issue is that NVDA has a very large moat, and that moat is Lisa Su. CUDA has NVDA locked into this category of applications for a long time. There is no specific hardware reason that AMD couldn't compete, but when geohot tried to directly engage Su on the major software failures of AMD, she told him to go fuck himself, and that they're not going to do anything because their software support is perfect. Bubbles rarely "burst" - they usually end up getting more evenly distributed over time, with the large, popular bubble players deflating spectacularly, and smaller players taking up the slack. So it might seem a solid play to short NVDA against an AMD long. But Lisa Su graduated from MIT, and therefore she is a better class of person than anyone else. Her company's software is perfect. And it's this kind of hubris that will ensure NVDA's moat remains longer than you likely think.
- lostmsu 2y ago
  Do you know what specific bugs or deficiencies geohot reported? GitHub links?

3 ms·

> Nvidia shares have gained 250% over the past year Yes and to me this is a big warning, If I was an investor and had this stock, I will sell it all as soon as

by jmclnx 2y ago

Jlagreen 2y ago
If I had sold my share when they gained 250% then I would have been out of Nvidia years ago. My initial shares on Nvidia have gained >10000%, on average I'm at >5000%. The time to get out of Nvidia is when you the value of their business model goes down. Fortunately, many don't even understand the business value behind Nvidia's activites as they think Nvidia = AI chips only.
caeril 2y ago
One issue is that NVDA has a very large moat, and that moat is Lisa Su. CUDA has NVDA locked into this category of applications for a long time. There is no specific hardware reason that AMD couldn't compete, but when geohot tried to directly engage Su on the major software failures of AMD, she told him to go fuck himself, and that they're not going to do anything because their software support is perfect. Bubbles rarely "burst" - they usually end up getting more evenly distributed over time, with the large, popular bubble players deflating spectacularly, and smaller players taking up the slack. So it might seem a solid play to short NVDA against an AMD long. But Lisa Su graduated from MIT, and therefore she is a better class of person than anyone else. Her company's software is perfect. And it's this kind of hubris that will ensure NVDA's moat remains longer than you likely think.
- lostmsu 2y ago
  Do you know what specific bugs or deficiencies geohot reported? GitHub links?